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5239 Balsam St

Arvada, CO 80002
  • $6,950,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 993866
UPDATED: 113 min ago
$6,950,000
  • 3
    BEDS
  • 1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 21,000
    SQFT
  • $331
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Built to rent, 12-unit multi-family investment opportunity. Experienced builder ready to break ground. 3 bed, 3 bath townhomes, with 2 car attached garage; projected to rent at $3,500/mo each. Located in desirable Olde Town Arvada, with shops, restaurants, breweries and access to Light Rail. In the path of progress. Current owner is willing to partner. Partnership available.

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© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2023-09-30T23:42:14.067.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/142235184
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5239 Balsam St Arvada, CO 80002

  • Price: $6,950,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 113 min ago
  • MLS #: 993866
3
Beds
3
Baths
0
½ Baths
1
Acres
21,000
SQFT
$331
$/SQFT
2023
Built
Neighborhood:
Arvada
County:
Jefferson
Area:
12 Denver Metro area
Elementary School:
Lawrence
Middle School:
Arvada K-8
High School:
Arvada
School District:
Jefferson Dist R-1
Property Description
Built to rent, 12-unit multi-family investment opportunity. Experienced builder ready to break ground. 3 bed, 3 bath townhomes, with 2 car attached garage; projected to rent at $3,500/mo each. Located in desirable Olde Town Arvada, with shops, restaurants, breweries and access to Light Rail. In the path of progress. Current owner is willing to partner. Partnership available.
Exterior Features

Architectural Style Contemporary/Modern Construction Materials Wood/Frame Horse YN No Levels Two Lot Features Level Other Parking Parking Per Unit(2 Spaces/Unit) Roof Composition Spa YN No Waterfront YN No

Interior Features

Basement None Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Interior Features Eat-In KitchenSeparate Dining RoomOpen FloorplanWalk-In Closet(S)Kitchen Island Laundry Features Washer/Dryer Hookups Living Area Source Plans Unit1 Bedrooms 3 Unit1 Est Sq Ft 1612 Unit1 Total Baths 3

Property Features

Association YN No Cap Rate 7.21 Ditches Active YN No Electric Electric Gross Income 504000 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventionalFhaVa Loan Locale Arvada Net Operating Income 501104 New Construction YN Yes Operating Expense 2896 Possible Use Multi-Family Property Condition NewTo Be Built Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 2896 Tax Year 2022 Tenant Pays None Unit1 Rent 3500 Utilities Electricity Available Water Source City WaterCity Zoning Sfr

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of David Janis of Coldwell Banker Realty-Boulder: info@davejanis.com.



© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2023-09-30T23:42:14.067.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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